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benbou09 | 9 years ago

Can't they just take control of TheDAO, and then steal all its Ether?

discuss

order

tingol|9 years ago

And drop its value to nothing, why do that?

onion2k|9 years ago

The purpose of a hack (or any crime) is not to extract the maximum possible value, but to extract the maximum value and get away with it. Cashing out quickly and disappearing is part of the escape strategy. They probably won't care if it destroys the currency.

benbou09|9 years ago

TheDAO only owns 15% of Ether supply, so it would not destroy its value